Wells Fargo has sold 26.55 lakh shares of ITC for Rs 106 crore through an open market transaction. The shares were disposed of at an average price of Rs 401.60 apiece.

Eight of the top 10 most valued Indian companies lost a combined Rs 3 lakh crore in market valuation last week, with TCS taking the biggest hit. Read more about the market decline.

LIC has received a demand notice of Rs 479.88 crore for short payment of GST for 2020-21, citing wrong ITC availment and short reversal. The company plans to appeal the order.

The Indian government is encouraging companies to establish in-house skill centers to improve youth employability and enhance hiring. This initiative, part of the Prime Minister Internship Scheme...

Life Insurance Corporation of India (LIC) has been issued a GST demand notice of Rs 57.2 crore for excess Input Tax Credit (ITC) availed in FY2020-21.

The Competition Commission of India (CCI) dismissed a complaint alleging that Microsoft's bundling of its Defender antivirus with Windows OS violates competition norms. CCI found no evidence of...

The National Stock Exchange (NSE) has announced that all Nifty index weekly derivatives contracts will expire on Monday instead of Thursday, effective April 4, 2025. The change also impacts expiry...

Cognizant refutes reports of delayed salary hikes, confirming merit increases will be rolled out in August. The IT firm also plans to pay bonuses to eligible associates in mid-March.

Bank of India has opened 111 new branches across India, taking its total branch count to over 5,000. The bank also announced a number of other initiatives.

PepsiCo takes on Coca-Cola's 'Half Time' campaign with its 'Anytime' ad, sparking a hilarious ad war. Read about the latest developments and industry reactions.

India's External Affairs Minister S Jaishankar met with UK PM Keir Starmer and other ministers, discussing bilateral ties, trade and the Russia-Ukraine conflict.

The Competition Commission of India (CCI) dismissed a complaint alleging that Microsoft's bundling of its Defender antivirus with Windows OS violates competition norms. CCI found no evidence of...

Thai Union Group has divested a 4.4% stake in Avanti Feeds for Rs 435 crore through an open market transaction, reducing its holding to 19.81%.

Prime Minister Narendra Modi met with Princess Astrid of Belgium, focusing on boosting trade, technology, defense, and agriculture collaborations. The meeting aims to unlock 'limitless...

Mumbai's Haji Ali shrine will soon have a 2,000-vehicle capacity parking facility to ease traffic congestion. This is part of Maharashtra's plan to fast-track Mumbai's development projects.